NEWARK, N.J., Sept. 3, 2026 – PGIM’s real estate investment group has provided two floating rate loans totaling $144.1 million on behalf of its U.S. core debt strategy for the acquisition of two Class-A senior housing facilities: Acoya Shea in Phoenix and The Ambassador of Scarsdale in Westchester, New York.
Acoya Shea features 147 units and The Ambassador of Scarsdale features 121 units, totaling 268 units included in the acquisition.
Amenities at both facilities include restaurant-style dining, a card and billiard room, an art studio, a full-service salon and barbershop, and a cinema.
“On behalf of our core strategy, we are pleased to provide financing for the acquisition of two high-quality senior living assets in markets with high retiree demand,” said Trace Wilson, executive director within PGIM’s real estate investment group. “These properties combine high-quality care, premium amenities, and favorable long-term demographic trends, making them well positioned to meet the evolving needs of today’s senior population.”
ABOUT PGIM
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU) with $1.5 trillion in assets under management.1 PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions — including fixed income, equities, real estate, and alternatives. With 1,500+ investment professionals across 40 offices in 20 countries, we serve retail and institutional clients worldwide. For more information visit pgim.com.
Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.
1 As of June 30, 2026. Assets are rounded to the nearest full number.
The information contained herein is provided by PGIM, the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates.
Please visit the Important Disclosures page on www.pgim.com for additional information.
This information is for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation where prohibited. Certain information has been obtained from sources that PGIM believes to be reliable as of the date presented; however, PGIM does not guarantee its accuracy or completeness. Information may be changed without notice, and PGIM has no obligation to update it.
PGIM and its affiliates may develop and publish research that is independent of and different from the information contained herein.
Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.
The brand “PGIM” (and the formerly used brand “PGIM Real Estate”) encompass both (1) a real estate fund advisory business headquartered in Newark, New Jersey, which operates as a business unit of PGIM, Inc., an SEC-registered investment adviser organized as a New Jersey corporation, formerly under the name “PGIM Real Estate,” and (2) a commercial real estate debt origination and asset management platform which operates through a separate, affiliated legal entity known as PGIM Real Estate Finance, LLC (“PGIM REF”), a Delaware limited liability company. Several officers of PGIM REF are also associated with PGIM, Inc., and, from time-to-time, may provide services to PGIM in their capacities as officers of PGIM that are separate and distinct from the services they provide as officers of PGIM REF. PGIM Real Estate Finance, LLC is registered with the California Department of Financial Protection & Innovation under license number 60DBO-105210. Loans made or arranged pursuant to a California Finance Lenders Law license.
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